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Tue 6 May 2003, 17:50 Ocean Group Limited - Dealing In Securities By Dir
Ocean Group Limited - Dealing in Securities by Director                         
Ocean Group Limited                                                             
ISIN:            ZAE000025284                                                   
JSE Share code : OCE                                                            
In terms of Rule 3.72 to 3.75 of the JSE Securities Exchange SA Listings        
Requirements the following is disclosed:                                        
On 5 May 2003, Mr. RG Nicol, a director of Oceana Group Limited exercised       
options to acquire 22 000 ordinary shares of 0,1c each in Oceana Group Limited  
at 350 cents per share.                                                         
The director is the beneficial owner of all the shares acquired.                

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